New lending rules ‘speed bump’ to regional recovery

New lending rules ‘speed bump’ to regional recovery
Resort areas such as Queenstown could be impacted by changes to lending rules. (Image: BusinessDesk)
Brent Melville
The Reserve Bank of New Zealand says its latest curbs to lending won’t have much initial bite, but economists believe it could be a different story in pricier regions.The Reserve Bank of NZ (RBNZ) is set to roll out debt-to-income ratio (DTI) speed limits by mid-year, intended as an additional measure to protect lenders by limiting mortgages to those with higher DTIs.The general frame for the policy was announced last April, and while the debt-to-household annual income ratio has yet to be set, there is consensus by property economists th...

More Property

Analysts eye upside in property sector as values stabilise
Property

Analysts eye upside in property sector as values stabilise

On average, listed property companies are trading at a 22% discount to NTA.

Gregor Thompson 04 Jun 2025
Private building consent body offers competition
Property

Private building consent body offers competition

The country's first independent consenting authority is targeting group builders.

Maria Slade 04 Jun 2025
Stuff/TradeMe go head to head with NZME
Property

Stuff/TradeMe go head to head with NZME

The marriage of online advertising portals with news producers continues.

Pattrick Smellie 03 Jun 2025
Argosy signals succession plan
Property

Argosy signals succession plan

Argosy Property has signalled its management and governance succession plan.The listed property company told the market on Tuesday that directors Chris Gudgeon and Mike Pohio will not stand for re-election at the coming annual general meeting (AGM) in July. The firm also said tha...

Gregor Thompson 03 Jun 2025